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Author Topic: How can we make this world economically better?  (Read 28309 times)
darewaller
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May 10, 2018, 07:05:23 PM
 #101

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

Japan today is using cryptocurrency in order to improve their own economy and if all of the countries will just do the same thing then the community on other countries as well will live a wealthy life.
Unfortunately, it is not every country that can obviously think that way and I really do not expect that this should even have much impact per se on the economy as a whole unless in the position where there is a mass adoption.

The problem here which I believe is absolutely the government and they give the rich ones an edge always over the low ones when it should be vice versa. Probably, with the inclusion or integration of blockchain technology in each financial system, this is something that can easily be dealt with.
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dewi91
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May 10, 2018, 07:53:19 PM
 #102

the first thing that the government should be concern in reducing the number of poor people is the government should be able to improve the economy in their country and make a lot of job vacancy. if they are have a job, it will really helpful for people to fullfil basic human needs. we can contribute by donating but it just can help them for a while because we can't have a big power like the government
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May 10, 2018, 08:24:07 PM
 #103

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
The problem of Africa isn't really poverty sincerely speaking (sincerely writing, actually). Our problem in Africa is Bad Leadership which has easily occasioned corruption and insincerity of purpose. These stupid and bereft of ideas leaders can do anything just to remain in power and arrogant to themselves dictatorial powers and wealth.

About what to do globally to better the world economy? I am afraid not much can be done about that as perpetually there will continue to be poor people in parallel to rich people. It has always been that way from time immemorial. But that isn't to say we shouldn't attempt at helping out. We can start by cleaning and helping out at our individual corners. We can spread the bitcoin opportunities to those poor around us to coax them to key into it. But don't be surprised if those you tell spit your help out before your presence in refusal.
I am agree with you at some points.   This best way to change things is to have better law and order situation in every country equally for poorer to richer people and from common man to president, When there will be better law and order situation in any country, Then there will be better and peaceful environment and and it will attract foreign investors to invest in that country and with investment, new employment opportunities can be created, Main problem of poor countries is that they have not strong law and order situation and due to governments policies forigen investors avoid to invest and trade. As per my research, I have seen much poverty in bad law and order countries.
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May 10, 2018, 08:32:16 PM
 #104



Thank you for taking time to elaborate. Indeed smart contracts, after being improved, will replace many current business agreements because with them you can get rid of the lawyer's fees while making the contract even stronger. But for now, when the system is only in its early stage and yet unknown holes can be exploited maliciously, I think it's very important to implement a decent time delay in every contract to have the opportunity to fix everything before a hacker can remove funds in case of an attack.

And not just lawyer fees. What about public notaries? In our country, they have such a strong lobby while almost not serving any purpose. 2 people get together and go to a public notary and he serves as a witness. OK. But you can actually take a contract there and get a signature without a third party present. No problem. A witness. Yeah, right. More like a tax for fools.

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May 10, 2018, 08:37:49 PM
 #105

This is a Chinese proverb; "Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." It would be best not to just recklessly give money to the poor, I think it would be better to teach them how to work on the field they are good at, and when they are better, let the government give them jobs.
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May 10, 2018, 08:53:53 PM
 #106

when we see the actions of people in Africa the majority of them are donating food or supply which can be over within some months and the majority just snooze the suffer, we should give them and teach them how to crop, produce and create in order to fight hunger.

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waqasniaz007 (OP)
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May 10, 2018, 08:54:23 PM
 #107

This is a Chinese proverb; "Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." It would be best not to just recklessly give money to the poor, I think it would be better to teach them how to work on the field they are good at, and when they are better, let the government give them jobs.
If we avoid to give something to beggers more and try to create earning opportunities for people that don't want to beg but want to do something   through help of friends and family, Then this is also better way.  For example if someone have not money to invest and he/she is willing to do something but he/she have nothing so we can help him/her through contribution of friends and family. In this way of help he/she can start new life. This is better than to give those that decided to beg till death or those that can work but still beging. We should only give beg to those that truly deserve and try to create opportunities for others, We can also start  business and create employment opportunities.
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May 10, 2018, 09:15:25 PM
 #108

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
Individuals has a very big role to play because has over the year contributed in one way or the other. One shouldn't expect the government of today to send him or her to school as illiteracy has a strong correlation with poverty.
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May 11, 2018, 08:57:09 AM
 #109



Thank you for taking time to elaborate. Indeed smart contracts, after being improved, will replace many current business agreements because with them you can get rid of the lawyer's fees while making the contract even stronger. But for now, when the system is only in its early stage and yet unknown holes can be exploited maliciously, I think it's very important to implement a decent time delay in every contract to have the opportunity to fix everything before a hacker can remove funds in case of an attack.

And not just lawyer fees. What about public notaries? In our country, they have such a strong lobby while almost not serving any purpose. 2 people get together and go to a public notary and he serves as a witness. OK. But you can actually take a contract there and get a signature without a third party present. No problem. A witness. Yeah, right. More like a tax for fools.

I can only imagine how those structures will be resisting to implementation of the smart contracts. They used to taking money for doing almost nothing and now it looks like there's an end to all of of that coming. Hopefully progressive forces will win eventually and the world will get rid of such structures as public notaries you've mentioned.

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May 11, 2018, 09:08:17 AM
 #110

There is a saying that In the crisis times we need a leader. That's what it is. Leadership is the key for good community as well as the economy if we have the good leadership and the people who will support him/her the economy will be better.

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May 11, 2018, 09:50:32 AM
 #111

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

It is very difficult to change the economic reality - whether it is low wages in poor countries, tax havens, serving as super-rich, excessive corporate power or too complex a financial system. Sometimes the difficulties are caused by the active efforts of those who benefit from existing mechanisms. Of course, change is always painful, but when a lot of people struggle for something, it seems that it is unrealizable. Just imagine, 200 years ago, many Americans thought that even discussing the abolition of slavery is impossible.
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May 11, 2018, 11:14:49 AM
 #112

First of all it need to change the monetary system which one we have now and of course it mandatory need to change political system as well because they are not honest at all. Lie is underlying and with such a basis it is impossible to build successful  the world wide economy.
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May 11, 2018, 11:27:16 AM
 #113

hopefully in the poor countries, they will be taught how to earn a cryptocurrency in their government. For other uses, give them an android phone or PC to use. to help them in their country's economy .. thanks.
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May 11, 2018, 11:53:10 AM
 #114

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?


Government are the one who is capable in addressing this problem...  Most countries are belong to a country with unstable economy because the government didn't handle it well....  There are a lots of factors that we need to consider to become economically stable....  If we know how to manage everything it will never be a problem to us...  We need to distinguish which is our primary needs and which is  our luxury only....  As an individual it will be the best way to help our country...  But the major solution is the government itself....
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May 11, 2018, 06:55:43 PM
 #115

If we open some local daily equipment shops accepting payment of btcs then it will affect the mind of the common people.
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May 11, 2018, 07:25:19 PM
 #116

There is a saying that In the crisis times we need a leader. That's what it is. Leadership is the key for good community as well as the economy if we have the good leadership and the people who will support him/her the economy will be better.

If one thing has become clear throughout the years, then it's the fact that leaders or governments as a whole haven't done anything right. It's only problems we see occur, and poverty become more of a problem than ever before. We can and should take care of ourselves, and Bitcoin is a perfect tool allowing us to do it through. No one is a better leader than yourself, for yourself. Never forget that. The thing is that we allowed these leaders and governments to push everything down this far, so what's the point of continuing this process when we can choose to go with something better? If you want to move forward in life, then disconnect yourself from that what's forming an obstacle on your path. It's just a matter of logical thinking, really.
waqasniaz007 (OP)
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May 11, 2018, 07:55:10 PM
 #117

hopefully in the poor countries, they will be taught how to earn a cryptocurrency in their government. For other uses, give them an android phone or PC to use. to help them in their country's economy .. thanks.
This forum is one of the best example and it help everyone to to learn and ask everything freely,  But in poor countries mostly governments are corrupt and they don't want poor people to grow and give Warning to cryptocurrency users.
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May 12, 2018, 01:23:40 AM
 #118

I suggest that it's honesty. That kind of honesty which provides everyone with a clear picture of the facts and provides the basis for honest "trade" of all kinds no twisting, insinuation, libel, slander, false accusation or deception. Not necessarily the kind of honesty that doesn't allow privacy or deny the right to 'conceal' embarrassing facts (like getting surgery to correct a "hair lip") Not cruel honesty, but honesty born of good will toward others. Honesty is a necessary ingredient in all of human relationships. Honesty is genuine and inspires both trust and respect. Honesty, honesty first and foremost - before anything else.
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May 12, 2018, 01:36:19 AM
 #119

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

This has always been the case in this world since the civilized human beings arrive. During the primitive times, there was very little greed perhaps as small villages of a few families own the land and the sources of food as a community. But as civilization started to become the trend and the principle of private property started to gain attraction, everything is ruled by greed. I think the only way to stop hunger is to give more and more rather than dreaming of owning the whole world as one's private property.
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May 12, 2018, 02:11:17 AM
 #120

Government should have to move first for better economy many poor people gets poorer because of lack of knowledge in this world some rich persons deceived poor people who has no knowledge to make huge money they slave poor people and give low salary like our governments that corrupts the peoples money.
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